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Nasdaq Falls as Broadcom Rout Overshadows Stronger Dow Surge

The Dow surged back to record levels on Thursday as big financial stocks provided a boost. The blue-chip index rose 866 points or 1.7%, on pace for an all-time high and its biggest percentage gain since April. If the Dow closes at a record today, it would mark its 15th record in 2026.

The Dow Jones Industrial Average rose Thursday while other indexes lagged behind thanks in part to gains in bank and healthcare stocks. “This is a non-chip rally,” said Jay Hatfield, chief executive officer and portfolio manager at Infrastructure Capital Advisors.

Nine out of 11 sectors were in the green in the DJIA index, with information technology and energy sectors down 2.6% and 0.5%, respectively.

June 4 (Reuters) - The S&P 500 and the Nasdaq dropped at the open on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took a breather after a strong rally to record

The Dow opened higher, but the S&P 500 and Nasdaq were on pace to fall for a second day in a row. The Dow rose 503 points, or 1%. The S&P 500 fell 0.3%. The Nasdaq tumbled 1.1%. A majority of stocks in the Dow and S&P were rising, but the chip stock slide was overpowering the latter.

U.S. stocks ended lower on Wednesday, retreating from their record highs, as fresh tensions in the Middle East dented investors' confidence and a surge in global oil prices reignited fears of inflation ticking higher.

US equity futures were mixed pre-bell Thursday as traders watched tech giant Broadcom's (AVGO) stock

Global wealth jumped nearly 9% to $98.3 trillion last year, led by growth in North America and Asia Pacific, according to a new report.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.4%, and the actively t

APPS, VPG, AAON, HLIO and ASX surge on strong momentum, with sharp price gains and rising earnings estimates signaling potential for continued upside.

US stocks were expected to head in different directions on Thursday morning, as oil prices retreat but tech earnings overnight disappointed investors. Dow Jones futures were called 0.8% higher, but the S&P 500 was off 0.4% and Nasdaq futures were down 1.3%. The latter pair were...

Shares of aerospace and defense conglomerate RTX rose early Thursday after catching a Wall Street upgrade. On Thursday, Jefferies analyst Sheila Kahyaoglu upgraded RTX shares to Buy from Hold. RTX stock rose 1.4% in premarket trading to $175, while futures were down 0.6%.

Stock Market Today: The Dow Jones index rose Thursday ahead of jobless claims. Broadcom and CrowdStrike plunged on earnings.

Pre-Market Stock Futures: Futures are trading mixed after the AI/Datacenter/Storage/Technology rally took a day off on Wednesday. By the close, all of the major indices finished the day down in a big way. The same issues that have added pressure to stocks once again showed up at the party, as rising interest rates and oil ... Here Are Thursday’s Top Wall Street Analyst Research Calls: Broadcom, CMS Energy, Commercial Metals, FedEx Freight, Medtronic, Murphy Oil, Sherwin-Williams, TeraWulf, and M

US equity futures were mixed pre-bell Thursday as traders watched tech giant Broadcom (AVGO) stock d

US equity markets were mostly pointing lower before the opening bell Thursday as Middle East uncerta

FEATURE The artificial-intelligence rally may be grinding to a halt. Technology stocks were getting hit hard on Thursday after mediocre revenue guidance from Broadcom caused investors to question how fast AI demand will accelerate.

Nasdaq 100 futures fell more than 1% as Broadcom's underwhelming AI chip guidance and escalating U.S.-Iran tensions pushed markets toward a second losing day

U.S. stock futures were mostly lower, led by losses in the Nasdaq-100, after Broadcom’s disappointing guidance.

Wall Street futures pointed largely lower pre-bell Thursday after chipmaker Broadcom (AVGO) issued t

High-flying tech stocks were struggling on Thursday after Broadcom's so-so revenue guidance failed to impress investors. Futures tracking the Nasdaq 100 were 1.1% lower as the tech-heavy index lagged behind both the S&P 500 and Dow Jones Industrial Average.

Stocks looked set to slide again on Thursday after chip maker Broadcom’s third-quarter revenue guidance failed to wow Wall Street, reigniting some worries about how fast AI demand will accelerate. Futures tracking the S&P 500 declined 0.4%, and contracts tied to the tech-heavy Nasdaq 100 fell 1.0%.

U. S. equity futures traded in mixed territory on Thursday as investors balanced renewed diplomatic developments in the Middle East against corporate news from major technology companies and the upcoming public debut of SpaceX.

The central bank's predictability, which Wall Street holds dear, may soon be a distant memory.

Partners Group shares slid 16% after the Swiss-based private-equity firm limited redemptions from a flagship private-markets fund. That sparked more worries about the health of the sector in general, driving stocks like KKR, Blackstone and Blue Owl down around 4% on Wednesday.

Stocks sank Thursday after a disappointing forecast by chip giant Broadcom stoked concerns about the AI trade, while stronger-than-expected US data compounded speculation the Federal Reserve could hike interest rates.Speculation is rising that a strong reading -- which would compound the war-fuelled spike in inflation -- could put more pressure on the Fed to hike rates.

By Gregor Stuart Hunter SINGAPORE, June 4 (Reuters) - Asian stocks fell at the start of trading on Thursday as renewed fighting between the U.S. and Iran rattled stocks, even as conflicting signs of

REVIEW PREVIEW NEWSLETTER What goes up… All three major indexes fell on Wednesday, with S&P500 and Nasdaq Composite Index snapping a two-week streak of positive returns. The S&P fell 0.7%, while the Nasdaq dropped 0.

Iran's paramilitary Revolutionary Guard said it had targeted the headquarters of the U.S. Navy's 5th Fleet in Bahrain, derailing U.S.-Iran ceasefire talks.